France returns to growth despite a still delicate health situation

INFOGRAPHIC – GDP grew 0.9% in the second quarter, as restrictions eased. But several uncertainties remain.

It is rather good news in this summer period, when the situation remains delicate in terms of health. Despite the containment in April followed by a gradual easing of restrictive measures, France returned to growth in the second quarter. Between April and June, GDP grew by 0.9% – a little better than expected – after stagnating between January and March. It gets closer as well “From its pre-crisis level”, INSEE said on Friday. “It is an exceptional performance of the French economy”, reacted quickly the Minister of the Economy, Bruno Le Maire, at the microphone of France Inter.

Although less rave, economists also welcome this mostly mechanical rebound, after the record recession of 8% last year. “This growth in GDP means that the reopenings are working on the economy. It is very important to be reassured about the accordion effect of the GDP ” as soon as normal life resumes its course, emphasizes Ludovic Subran,

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